Rexarding the statements made in the home news pa, ers alleging that the International Group was attern) ting to force u on China enormous sums of money regardless of her financial circumstances or her ability to repay them, Mr Ross said that this was a gross misrepresentation of the facts and that it is for China to fix the limit of her own requirements He wax in a position to state that the Group had not ceased to urge nion China the necessity of ado ting a policy of retrenchment and such an aeidvous development of her internal credit and resources ax would enable her to restrict the present foreign borrowings to the lowest j possible figure. The re-establishment of a stable Government on a sound economic basis was, he said, the aim of all concerned.
Text read from the printed page and cleaned; old type leaves the occasional error.